Stock Movers

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:
- Nvidia CEO Jensen Huang defended the financial health of CoreWeave (CRWV), saying its strength is improving every day and its cost of capital is decreasing. CoreWeave's shares gained after Huang's remarks, erasing earlier losses, but its bonds were trading at deeply distressed levels and credit-default swaps were pricing in a high chance of default. CoreWeave has a large debt load, with more than $40 billion of debt, and its free cash flow has turned negative, prompting concerns about its viability and contributing to a selloff in stocks globally.
- JB Hunt (JBHT) shares dip 4.7% postmarket after the trucking firm reported third-quarter results, with operating ratio and operating ratio excluding fuel surcharge higher than estimates.
- Alcoa (AA) posted stronger-than-expected third-quarter results on the strength of higher aluminum production and prices. Adjusted per-share profit of $1.82 was 33 cents above the average estimate of analysts in a Bloomberg survey. Adjusted earnings before interest, taxes, depreciation and amortization almost tripled to $789 million from a year earlier. Shares of Alcoa rose in late trading.
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Today's biggest winners and losers in the stock market, a look at the notable movers:

On this episode of Stock Movers:

- Moderna (MRNA) gained after Merck CEO Rob Davis said in an TV interview that he expects the company's breakthrough cancer vaccine with Moderna to get faster to make over time. The stock was also buoyed by a broader move out of AI-related tech stocks.

- Dell (DELL) fell on Thursday amid broader weakness in AI-linked stocks. Tech stocks are in focus after Anthropic told investors third-quarter revenue reached $16.8 billion, while CoreWeave is under pressure amid concerns over its bonds trading at distressed levels.

- Bank of New York Mellon (BNY) shares are up as much as 3.5% after the firm said on its earnings call it is raising the outlook for growth and operating leverage in 2026. It earlier reported adjusted earnings per share for the third quarter that beat the average analyst estimate.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Kristine Aquino, Carol Massar and Tim Stenovec.
- International Paper (IP) is evaluating a potential sale of its European packaging business and is in discussion with potential bidders. The company is proceeding with its plan to spin off and publicly list the segment in parallel with evaluating a potential sale. International Paper said the process of evaluating a potential sale is at an early stage and there is no certainty a deal will be agreed on or completed. Shares of International Paper closed higher.
- Penske Automotive (PAG) reached a deal with its two biggest shareholders to go private at a $16.3 billion enterprise value. Motown Acquisition Corp. will acquire the dealer group for $212 a share, an 8.8% premium over the stock’s prior closing price. The cash deal, which is expected to close in the first quarter of 2027, is not subject to a financing condition. Shares of Penske Automotive climbed in trading on Thursday. The stock rose 23% this year through Wednesday.
- Fried-chicken chain KFC reached an agreement to serve Coca-Cola beverages in the US, dislodging PepsiCo (PEP) from a longtime restaurant partner. The agreement is another blow to PepsiCo, which has been struggling to turn around its salty snacks division and shore up its North America soda business. PepsiCo shares fell in New York trading, reversing an earlier gain.
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On this episode of Stock Movers:

- Rocket Lab (RKLB) shares drop. Rocket Lab shares plunged after the company delayed the debut of its Neutron rocket, pushing the vehicle’s first flight to 2027.

- Dell (DELL) shares plunge. Barclays downgraded Dell, HPE, and NetApp on concerns that enterprise AI adoption is lagging.

- Kimberly-Clark (KMB) shares are up after the personal care products company reported preliminary adjusted earnings per share for the third quarter that beat the average analyst estimate. The maker of Scott toilet paper and Huggies diapers said it will issue quarterly results on Nov. 5.
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On this episode of Stock Movers:

- CoreWeave (CRWV) shares fall. CoreWeave Inc.'s co-founder said the company's goal is to get an investment-grade credit rating and gain the privilege of borrowing "unlimited" pools of money. The comments sent global markets into a tailspin, with CoreWeave shares dropping 6% in premarket trading on Thursday and its debt due in 2032 being quoted at about 78 cents on the dollar.

- Dell (DELL) shares plunge. Barclays downgraded Dell, HPE, and NetApp on concerns that enterprise AI adoption is lagging.

- Bank of NY Mellon (BNY) gains. The firm posted profit that beat estimates as the firm got a boost from higher rates. Diluted earnings per share in the third quarter were $2.34, a 24% jump from the same period a year earlier, according to a Thursday statement. That came in above the $2.27 estimate from analysts surveyed by Bloomberg.
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